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Financial News

India inflation likely rose in August, snapping 3-month downtrend – Reuters poll

September 8, 2022
India inflation likely rose in august, snapping 3-month downtrend - reuters poll - photo licensed by shore news network.

By Arsh Tushar Mogre and Anant Chandak BENGALURU (Reuters) –

EY’s Greater China member firms say they won’t take part in firm’s global break-up

September 8, 2022
Ey's greater china member firms say they won't take part in firm's global break-up - photo licensed by shore news network.

HONG KONG (Reuters) – Member firms of Ernst & Young

Hershey to expand Mexico plant with $90 million investment

September 8, 2022
Hershey to expand mexico plant with $90 million investment - photo licensed by shore news network.

MEXICO CITY (Reuters) -Candy maker Hershey Co will spend $90

Mexico government focused on sustainable public debt in 2023 budget

September 8, 2022
Mexico government focused on sustainable public debt in 2023 budget - photo licensed by shore news network.

By Isabel Woodford MEXICO CITY (Reuters) -Mexican economic growth is

Wall Street ends higher, gains driven by banks, healthcare

September 8, 2022
Wall street ends higher, gains driven by banks, healthcare - photo licensed by shore news network.

By Carolina Mandl (Reuters) – Wall Street’s main indexes posted

Amplify Energy to pay $5 million to settle criminal charges over California oil spill

September 8, 2022
Amplify energy to pay $5 million to settle criminal charges over california oil spill - photo licensed by shore news network.

(Corrects to show company entered a no contest plea, not

Nikola founder’s jurors may see ‘truck rolling down hill’ video at trial

September 8, 2022
Nikola founder's jurors may see 'truck rolling down hill' video at trial - photo licensed by shore news network.

By Luc Cohen NEW YORK (Reuters) – Jurors at Nikola

UK retailers report slowest sales growth since end of lockdowns-BDO

September 8, 2022
Uk retailers report slowest sales growth since end of lockdowns-bdo - photo licensed by shore news network.

LONDON (Reuters) – British retailers saw the slowest growth in

Brazil’s Mercedes-Benz union goes on strike after layoffs announced

September 8, 2022
Brazil's mercedes-benz union goes on strike after layoffs announced - photo licensed by shore news network.

(Corrects headline, text to show strike starting today, not next

Even yen bears unnerved by latest slide as Tokyo ramps up warnings

September 8, 2022
Even yen bears unnerved by latest slide as tokyo ramps up warnings - photo licensed by shore news network.

By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -The

Crypto intermediaries should register with U.S. SEC, agency chair says

September 8, 2022
Crypto intermediaries should register with u. S. Sec, agency chair says - photo licensed by shore news network.

By Michelle Price WASHINGTON (Reuters) – Companies that help facilitate

Argentine soy farmers who hoard stock to face higher financing costs, central banks says

September 8, 2022
Argentine soy farmers who hoard stock to face higher financing costs, central banks says - photo licensed by shore news network.

By Maximilian Heath BUENOS AIRES (Reuters) – Argentine soy farmers

Yellen sees lower gas prices putting downward pressure on U.S. inflation

September 8, 2022
Yellen sees lower gas prices putting downward pressure on u. S. Inflation - photo licensed by shore news network.

By David Lawder DETROIT (Reuters) – U.S. Treasury Secretary Janet

Mexican finance leaders plan stock exchange reform to stanch exodus

September 8, 2022
Mexican finance leaders plan stock exchange reform to stanch exodus - photo licensed by shore news network.

By Carolina Pulice MEXICO CITY (Reuters) – Mexico’s government and

U.S. evaluating need for further SPR oil releases after October -Granholm

September 8, 2022
U. S. Evaluating need for further spr oil releases after october -granholm - photo licensed by shore news network.

By Arathy Somasekhar HOUSTON (Reuters) -U.S. President Joe Biden’s administration

T-Mobile announces $14 billion share buyback

September 8, 2022
T-mobile announces $14 billion share buyback - photo licensed by shore news network.

(Reuters) – Wireless carrier T-Mobile US Inc on Thursday announced

Exclusive-Peru economy can grow target-busting 4.3% next year, finance minister says

September 8, 2022
Exclusive-peru economy can grow target-busting 4. 3% next year, finance minister says - photo licensed by shore news network.

By Marcelo Rochabrun and Marco Aquino LIMA (Reuters) – Peru

Smith & Wesson shares drop as report shows weaker gun demand

September 8, 2022
Smith & wesson shares drop as report shows weaker gun demand - photo licensed by shore news network.

(Reuters) – Shares of Smith & Wesson slumped about 5%

Stocks, bond yields rise after record ECB rate hike, Powell comments

September 8, 2022
Stocks, bond yields rise after record ecb rate hike, powell comments - photo licensed by shore news network.

By Caroline Valetkevitch NEW YORK (Reuters) – Global stocks and

Citigroup wins appeal over mistaken Revlon wire transfer

September 8, 2022
Citigroup wins appeal over mistaken revlon wire transfer - photo licensed by shore news network.

By Jonathan Stempel NEW YORK (Reuters) -Citigroup Inc is entitled

U.S. dollar rises vs yen as Fed reinforces hawkish stance; euro falls

September 8, 2022
U. S. Dollar rises vs yen as fed reinforces hawkish stance; euro falls - photo licensed by shore news network.

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar gained

U.S., Indo-Pacific countries launch trade talks shunning tariff cuts

September 8, 2022
U. S. , indo-pacific countries launch trade talks shunning tariff cuts - photo licensed by shore news network.

By David Lawder (Reuters) -Economic ministers from the United States

White House unveils principles for Big Tech reform

September 8, 2022
White house unveils principles for big tech reform - photo licensed by shore news network.

By David Shepardson and Nandita Bose WASHINGTON (Reuters) -The White

Down … but not out

September 8, 2022
Down... But not out - photo licensed by shore news network.

(Reuters) – A look at the day ahead in Asian

Starlink had talks with Apple over satellite messaging feature – Musk

September 8, 2022
Starlink had talks with apple over satellite messaging feature - musk - photo licensed by shore news network.

(Reuters) -Elon Musk said on Thursday SpaceX had promising talks

Twitter agreed to pay whistleblower $7 million in June compensation settlement

September 8, 2022
Twitter agreed to pay whistleblower $7 million in june compensation settlement - photo licensed by shore news network.

(Reuters) -Twitter Inc agreed in June to pay $7 million

U.S. judge rejects AT&T bid to dismiss SEC lawsuit over leaks to analysts

September 8, 2022
U. S. Judge rejects at&t bid to dismiss sec lawsuit over leaks to analysts - photo licensed by shore news network.

By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on

Yellen says U.S. economy stronger than before pandemic but inflation a threat

September 8, 2022
Yellen says u. S. Economy stronger than before pandemic but inflation a threat - photo licensed by shore news network.

By David Lawder DETROIT (Reuters) -U.S. Treasury Secretary Janet Yellen

Oil edges up from seven-month low as Russia threatens export halt

September 8, 2022
Oil edges up from seven-month low as russia threatens export halt - photo licensed by shore news network.

By Scott DiSavino NEW YORK (Reuters) -Crude prices edged up

U.S. Senate panel delays vote on bill allowing news outlets to negotiate jointly with Big Tech

September 8, 2022
U. S. Senate panel delays vote on bill allowing news outlets to negotiate jointly with big tech - photo licensed by shore news network.

WASHINGTON (Reuters) – The U.S. Senate Judiciary Committee scrapped a

Bank of Canada leaves door open to more oversized rate hikes

September 8, 2022
Bank of canada leaves door open to more oversized rate hikes - photo licensed by shore news network.

By Julie Gordon and David Ljunggren OTTAWA (Reuters) – A

U.S. COVID vaccine market could reach $13 billion -Moderna exec

September 8, 2022
U. S. Covid vaccine market could reach $13 billion -moderna exec - photo licensed by shore news network.

By Michael Erman NEW YORK (Reuters) -The annual U.S. COVID-19

Fed’s Evans says inflation read could inform Sept rate meeting

September 8, 2022
Fed's evans says inflation read could inform sept rate meeting - photo licensed by shore news network.

(Reuters) – Chicago Federal Reserve Bank President Charles Evans on

Exclusive-BNP Paribas’ global head of prime services reverses decision to quit

September 8, 2022
Exclusive-bnp paribas' global head of prime services reverses decision to quit - photo licensed by shore news network.

By Sinead Cruise and Lawrence White LONDON (Reuters) – BNP

Snap jumps as brokerage cheers growth plans in leaked internal memo

September 8, 2022
Snap jumps as brokerage cheers growth plans in leaked internal memo - photo licensed by shore news network.

(Reuters) – Snap Inc’s shares jumped 8% on Thursday after

U.S. bank profits climb 7.8% on higher interest income – FDIC

September 8, 2022
U. S. Bank profits climb 7. 8% on higher interest income - fdic - photo licensed by shore news network.

By Pete Schroeder WASHINGTON (Reuters) – U.S. banks reported $64.4

Fed ‘could very well’ hike rates by 75 basis points this month, Evans says

September 8, 2022
Fed 'could very well' hike rates by 75 basis points this month, evans says - photo licensed by shore news network.

(Reuters) -Chicago Federal Reserve President Charles Evans on Thursday joined

U.S. judge sets October 2023 trial for Archegos founder Bill Hwang

September 8, 2022
U. S. Judge sets october 2023 trial for archegos founder bill hwang - photo licensed by shore news network.

NEW YORK (Reuters) -Bill Hwang, the Archegos Capital Management founder

White House encouraged by interest in Congress to pass Big Tech legislation

September 8, 2022
White house encouraged by interest in congress to pass big tech legislation - photo licensed by shore news network.

WASHINGTON (Reuters) – The White House said on Thursday it

In Venezuelan oil town, solar-powered car offers escape from fuel lines

September 8, 2022
In venezuelan oil town, solar-powered car offers escape from fuel lines - photo licensed by shore news network.

By Mariela Nava MARACAIBO, Venezuela (Reuters) – In Maracaibo, the

Analysis-U.S. ban on Nvidia, AMD chips seen boosting Chinese rivals

September 8, 2022
Analysis-u. S. Ban on nvidia, amd chips seen boosting chinese rivals - photo licensed by shore news network.

By Jane Lanhee Lee and Stephen Nellis SAN FRANCISCO (Reuters)

Airbus confirms cancellation of remaining Qatar A350 orders

September 8, 2022
Airbus confirms cancellation of remaining qatar a350 orders - photo licensed by shore news network.

(Reuters) – Airbus on Thursday confirmed it had revoked all

With U.S. railroad shutdown threatening, industry counts the cost

September 8, 2022
With u. S. Railroad shutdown threatening, industry counts the cost - photo licensed by shore news network.

LOS ANGELES (Reuters) – A railroad strike or lockout could

Peru launches economic package amid worries of slowing growth

September 8, 2022
Peru launches economic package amid worries of slowing growth - photo licensed by shore news network.

LIMA (Reuters) – Peru’s finance ministry on Thursday unveiled an

Banks lead European stocks higher after record ECB rate hike

September 8, 2022
Banks lead european stocks higher after record ecb rate hike - photo licensed by shore news network.

By Shreyashi Sanyal and Devik Jain (Reuters) -European shares rose

EY plans to spin off audit, consulting units to ease regulatory concerns

September 8, 2022
Ey plans to spin off audit, consulting units to ease regulatory concerns - photo licensed by shore news network.

(Reuters) -Ernst & Young (EY) said on Thursday it was

Analysis-Rebounding real yields spell trouble for U.S. stocks

September 8, 2022
Analysis-rebounding real yields spell trouble for u. S. Stocks - photo licensed by shore news network.

By Lewis Krauskopf NEW YORK (Reuters) – Expectations of more

German two-year bond yields jump to highest since 2011 after rate hike

September 8, 2022
German two-year bond yields jump to highest since 2011 after rate hike - photo licensed by shore news network.

By Yoruk Bahceli and Stefano Rebaudo (Reuters) -Germany’s two-year government

Deutsche Bahn’s Schenker logistics business up for sale – sources

September 8, 2022
Deutsche bahn's schenker logistics business up for sale - sources - photo licensed by shore news network.

By Markus Wacket and Emma-Victoria Farr BERLIN/FRANKFURT (Reuters) -The German

NY Fed official: 2019 experience will inform decisions on when to stop Fed quantitative tightening

September 8, 2022
Ny fed official: 2019 experience will inform decisions on when to stop fed quantitative tightening - photo licensed by shore news network.

(Reuters) – The Federal Reserve’s previous experience with reducing its

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